AI firm Mistral valued at $14 billion as chip giant ASML takes major stake

7 hours ago 4

Mistral AI logo is displayed connected a mobile telephone screen.

Anadolu | Getty Images

Nvidia-backed Mistral AI clinched a 11.7 billion-euro ($13.8 billion) valuation successful a successful a Series C backing circular that saw Dutch spot instrumentality shaper ASML unafraid a large involvement successful the French firm.

ASML pumped 1.3 cardinal euros successful Mistral AI's 1.7 billion-euro backing circular arsenic pb investor, gaining a 11% shareholding successful the French institution connected a afloat diluted basis.

The fundraise was antecedently reported by Reuters.

This breaking quality communicative is being updated.

Read Entire Article